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Search Results 0 to 28 of about 29 (some duplicates have been removed)
washington should not pull out the rug from under this rebound. ship wreck, massive port strike that could happen this weekend halts commerce for the country. top of the hour, stocks now and every 15 minutes, lauren at the new york stock exchange. stocks down, but it could be worse, lauren. >> it could be worse. at one point, after 109 points, and now down 59 on the second to last trading day of the year. the nasdaq, believe it or not, is the winner today, down by just about .16%, doing the best of the three major averages. i point that out because for the month of december, the nasdaq is the only major average negative. it's interesting to know we started the year with nasdaq at 26.0 # 5, and now at 29.81, we came a long way. a good year for tech. the vix up above 20. fear of the fiscal cliff and traders saying, all right, we have this idea of a deal getting done baked into the markets, but maybe that's going to unravel a little bit. barnes and noble share, stock up more than 6 #% as i speak. the news is both good and bad. bad news first. they say the holiday period and sales trends will
or two. part of the dynamics in the negotiations. front page of "the washington times." is the brink" cutline. host: harry reid had this to say on the senate floor. [video clip] >> the american people do not understand. the house is operating without the house of representatives. it is being operated with a dictatorship by the speaker. if the $250,000 would be brought would pass. speed brainer could've brought legislation to the house and it would have passed. host: gcomments by harry reid. the senate is in session today. bill has this point -- from "the national journal" -- the story is available online. "the president will have a strong hand to play over what to do about the tax hikes and spending cuts about to hit the economy. to allow the bush-era tax cuts to lapse for the wealthiest of americans. good morning, clyde. caller: good morning. political capital. neither harry reid nor the president will be running for election. everybody else is pretty much locked in whether we go over the cliff or not. is it thelma and louuisuise or laverne and shirley? they all place their bets a y
. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorrow for legislative business. according to one gop aide, they felt it's up to the democrats to act now. so the christmas spirit has not softened actions. but what has softened? customer confidence. in the last week gallup found the drop in the likelihood congress will come to a deal. also holiday spending hit its lowest rate since the 2008 recession. while the president said before he left for hawaii that he said he hoped the holiday would give them a chance to cool off and reach an agreement, it appears repub
happening in washington, d.c. a lot happening i would assume at the white house. but how engaged is the presidented to in moving this thing forward? >> reporter: good afternoon, t.j. i am told there are conversations going on at the staff level. as you know, he met with congressional leaders here at the white house for about an hour on friday. now sources who are familiar with that conversation tell me that the president essentially said to lawmakers, you have two options. one, come up with a plan that can make its way through both chambers, or allow his proposal to go through a vote in both chambers. and that's what you heard the president referencing in that sound bite that you just aired, t.j. in the president's proposal it calls for extending the bush era tax cuts for those making $250,000 or less as well as extending unemployment insurance benefits. many republicans have an issue with that tax extension for the $250,000 mark because it allows rates to raise on those making more than $250,000. as you heard roy blunt just say, they think that would be bad for the economy. so t
the 2012 presidential campaign. we will be live with your calls, tweets, and e-mails, "washington journal" is next. ♪ host: good morning , president obama is in hawaii this weekend for the christmas holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in washington following the tragic shooting in newtown, conn. -- that is gun-control. "the washington post" said a bitter fight ahead. the numbers are on your screen. we look at some of the headlines on the sunday morning beginning with "the connecticut post." - you can see the flag remaining at half staff outside one of the churches in newtown, conn. following the burial of 20 children and six women killed about a week and a half ago. this is from the front page of today's "new yor
at schools we are learning more about adam lanza. the washington post today has a quote from his former first grade teacher who says there was a quiet depth to him that i couldn't penetrate. let's bring in national political reporter and bob franken, a syndicated columnist. welcome to both of you. before we get started i want to play you more on the interview on "meet the press" this morning. >> if it is crazy to call for putting police and armed security in our school to protect our children then call me crazy. i will tell you what the american people, i think the american people think it is crazy not to do it. it is the one thing that would keep people safe and the nra is going to try to do that. >> immediately following the interview new york senator chuck schumer called wayne lapierre tone deaf. what do you make of the discussion that the nation and the lawmakers are having around gun control especially considering how often these conversations seem to flare up after something horrible like this and fade just as quickly? >> it does fade just as quickly because the gun lobby terifies any p
the grand bargain that many leaders once imagined. as we take you through all the latest on the "washington journal," we would like to hear what you would like to say to congressional leaders on this 11th hour deal. what tax and spending issues do need included in any compromise. republicans, your number is -- democrats -- independents -- if you are outside the u.s. -- you can also catch up with us on all your favorite social media sites, twitter, facebook, or e- mail us. a very good morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax hikes, setting the stage for a high wire a final act of fiscal cliff negotiating just two days before the country is hit with a series of tough austerity measures. -- that again is
a whole heck of a lot of noise. let's get straight to washington. nbc's kristen welker at the white house and luke russert is tracking developments at capitol hill and nbc news senior political editor mark murray is here to break it down for us from the washington bureau. we will start with kristen. last we heard, kristen welker, the president came out to report that he is modestly optimistic. has the rhetoric changed at all today? >> reporter: it has changed a little bit. the president is still modestly optimistic, but i just spoke with a democratic source who tells me at this hour a deal is looking doubtful. of course, we want to underscore the fact that these negotiations are very fluid so that characterization could change at any moment, but it seems as though the discussions going on behind the scenes right now have yet to bear fruit and right now we do have the focus on the senate. majority leader reid and mitch mcconnell trying to hammer out a deal that would, to some extent extend the bush-era tax cuts for those making $250,000 although we might see that number go up to 400,000, 5
, washington. >> one of the biggest political moments playing out right now at the white house. let's go live there to the white house you november and show you what is going on. there it is. the president has made a proposal. it says if they don't have a counter proposal, the president is asking for an up or down vote in the house and the senate. picking it up from here, candy crowley will be doing "the situation room". thanks for watching. now to candy. >>> happening now, new details of the meeting between president obama and congressional leaders for what could be a last-ditch effort to avoid the fiscal cliff. >>> families in the making ripped apart. russia officially bans the adoption of russian children by americans. >>> and for the second time in a month, a man pushed to his death from a new york city subway platform in the path of an oncoming train. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> all eyes on that white house this hour. and the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leader
of our own making and washington is searching for little more than an umbrella to protect you from it. thanks for joining the conversation this week on "your money." we're going to stay on the story till it's done. normally we're here every saturday and sunday at 3:00 p.m. eastern. i'm on daily at 3:30 p.m. but until this is done, you're going to see a lot of me. tweet me, my handle i is @alivelshi. is @alivelshi. have a great weekend. -- captions by vitac -- www.vitac.com >>> you're in the "cnn newsroom." i'm martin savidge in for fredricka whitfield. in three days, america will go off that fphysical cliff unless these prevent it, in control of whether or not your taxes go up come new year's day. harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house corr
issue here, we just -- a few days away, things have to -- things don't move quickly in washington as we know. there are rules in both houses of when things can come up, how much time has to pass for debate. they have to change rules to get it through quickly. even if senate comes up with the deal. mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might be amended, might be changed a bit. has to go back to the senate quick for changes. but he said will indeed be considered. the question, can perhaps all the democrats plus at least some republicans, come together to pass something while a bunch of conservative republicans will oppose it, because it's raising ta
, cnn, washington. >> and i'm allison kosic. "cnn newsroom" continues now with martin savidge. don't go anywhere. >> thank you very much. >>> welcome to the cnn "newsroom." i'm martin savidge in for fredricka whitfield. here are the top stories we are following right now. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of th
, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $70 a month for the typical worker. we hear about all the tax rates that are going up, that actually wouldn't involve money that is in people's pockets until they actually pay their taxes or do their tax
archives in washington, d-cn new year's day. when it was exhibited in michigan last year... people waited up to eight hours to see it. in sports... the warriors continue to dismantle opponents. the latest victims... the boston celtics. golden state now has 20 victories before new year's. and it's the first time them has accomplished that in mo than three decades. gary gelfand has the highlights. >> it's been more than three decades since last anytime. -- last time. >> the wariers are the real deal. last night they faced the boston celtics. garnet his ritual. 22 for stephanie -- curry. they were in control all night long. he stills get this one to fall. warriors now 11 games over 500. best start in 32 years. >>> the lady cardinals shot 18% on the afternoon. stanford's 82 home game win streak snapped. uconn won 61-35. >>> santa clara with a rare visit to duke. they played well but too much seth curry. duke wins 90-77. >> senator john mccoin on the toin as. already up 34-7 it's they kel -- it's kelly to ross. the final is a arizona state rolling over navy 62-28. there you go. that is you s
deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> you did speak with the president earlier this week. can you characterize that call? did he have any kind of count offer and we understand that he is making clear that it's got to be increase rates for the wealthy or no deal. are you willing to give a little bit? >> the phone call was pleasant but was more of the same. the conversations that the staff had yesterday were more of the same. it's time for the president if he's serious to come back to was a count offer. >> the jobs record indicated unemployment is down roughly a full point from this time last year. if no deal happens -- [inaudible] . why take such a risk when the job numbers are improving. >> because increasing tax rates will hit many small businesses that produc
cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge boys have been on this show many times on "fox & friends." >> good morning, everyone. >> dave: good morning. juliet huddy celebrating an early new year's eve. is it new year's eve? >> juliet: sparkly shoes and everything. i feel like we are waking up at 4:00 in the morning on saturday i better be festive. >> clayton: that's what woke me up this morning. >> juliet: this is a beautiful set it has inspired me. >> dave: it's spectacular. >> juliet: it is. >> dave: it's fiscal cliff time. couple of days away. rare i wake up and say i'm moderately optimistic but that's what the president said. you are either optimistic or you are not. the president said he is modestly optimistic a
earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge of the deal, maybe even past the edge of the deal and then something happens. i still think the market believes there will be a deal, but it is a deal that might happen on january 14th. so, i don't think december 31st is a real deadline, in the mark it's mind. >> steve, tell us, what are the things that can happen that will sort of rouse the market here, move the market up or down ire way? >> well, first of all, i think the tendency for the market right now is to go higher because you have zero interest rates and zero interest rates act as a tremendous stock market flotation device. opposing investments are, you know, yielding essentially nothing at this point, so stocks become very attractive. but i still think the big story and the stories that most traders will be watching is the fiscal cliff so that's story number one. an interesting thing happened yesterday and that's the price of oil traded to an all-time high going back to october, not an a
joining us from the capitol with the very latest is todd zwillich. he's washington correspondent for "the takeaway" on public radio international and a regular guest on the newshour. so todd, you're back with us again. six hours to go until midnight. progress reported but still to deal. >> senate republicans, judy, the latest thing that has happened is senate republicans came out of a conference meeting with their leader, with mitch mcconnell all sounding positive. they all echoed what you had in the piece there from mcconnell saying they were very, very close to sequester the automatic spending cuts remain an outstanding issue. and kind of got thrown into the mix again today. you know, the president in that appearance in the executive office building today in front of a supportive crowd, not really a press conference, more of like a minirally, talked about the sequester and his desire to have any delay in the sequester paid for with revenue increases. you know, i talked to a few house members just a few moments ago. not only ot tone of the president's presentation, but also that demand w
at the white house, washington lawmakers working furiously today to keep us from going over the fiscal cliff. but can they do it in time? >>> and family feud. a college student fed up with what she calls her meddling, overbearing parents goes to court to get them to back off. now, she has a restraining order. today, saturday, december 29, order. today, saturday, december 29, 2012. captions paid for by nbc-universal television >>> and welcome to "today" on this saturday morning. i'm erica hill. >> i'm cain for lester holt. just when you thought it was safe to go out, another storm is hitting the east coast. >> there won't be as bad as the storm that spun off tornadoes and dumped heavy snow across the northeast and the east this week. it could certainly impact holiday travel. we'll have the latest coming up in a moment. >>> also ahead, in the wake of the sandy hook school tragedy, a new plan from the controversial sheriff in arizona. he wants armed volunteers to patrol the schools there. we'll get into that debate. >>> then, we'll share with you a romance story 20 years in the making. it began
's washington correspondent for "the takeaway" on public radio international and a regular guest on the newshour. so todd you're back with us again. six hours to go until midnight. progress reported but still to deal. >> senate republicans, judy the latest thing that has happened is senate republicans came out of a conference meeting with their leader, with mitch mcconnell all sounding positive. they all echoed what you had in the piece there from mcconnell saying they were very, very close to sequester the automatic spending cuts remain an outstanding issue. and kind of got thrown into the mix again today. you know the president in that appearance in the executive office building today in front of a supportive crowd, not really a press conference, more of like a minirally talked about the sequester and his desire to have any delay in the sequester paid for with revenue increases. you know, i talked to a few house members just a few moments ago. not only ot tone of the president's presentation but also that demand which they consider move og the goalpost even though democrats dispute that on the
for a compromise in washington today days before a new year's deadline to reach a deal or watch the economy go off the cliff. i'm. patti ann: i'm patti ann browne. they will try to avoid the across the board tax hikes for 90% of the american households and deep spending cuts. so far little to no progguess has been reported. gregg: chief white house correspondent ed henry is in the white us. ed, what do we expect out the meeting if any at all? our expectations are a little bit low. >> reporter: you're exactly right, gregg, expectations have to be low. lawmakers of both parties in conjunction with the president have missed one deadline after another. we have been saying for a couple weeks they had to get moving get this completed before christmas in order to give the house and senate time to debate and end up voting on whatever package they come up with. now that we're days away from actually going off the fiscal cliff where these automatic massive spending cuts as well as large tax increases got into effect you have to have low expectations. it appears the white house is very confident in waiting f
. maybe sequestration is going to happen so for that let's go to washington. >> juliet: all right. tick-tock, tick-tock, time is almost up for lawmakers as we say to avert the fiscal cliff. they worked throughout the weekend in hopes of hammering out some sort of deal. >> dave: peter doocy is live in washington and we hustle you over to the capitol. and what is the latest, do you think we'll get something done? >> reporter: dave, we were told late in the evening that legislative staff was going to work through the night, but the only principal we heard from was mitch mcconnell who said he and his democratic counterparts have been trading paper all day saturday, but the only big news, mcconnell cared to share with us, in the state he represents, kentucky, louisville beat the university of kentucky by three and meanwhile, the officially republican weekly address features another republican senator explaining once again why a deal before monday night's deadline is so important. >> at a time when our federal debt's topped 16 trillion dollars, it's been more than three years since the senate
was described as an antidote and he promised to deliver. he practiced international trade law and washington. on behalf of the west virginia state society, i would like to introduce ira shapiro. thank you. [applause] >> thank you for the kind introduction. thank you to the society for giving me the chance to be here. thanks to mike who did so much to organize the event. he is an old friend. thank you, mike. i'm delighted to be here today with corbin. -- david corbin. we have two books that talk about robert byrd from different perspectives. my book is basically about the senate and the last great senate as i refer to it. senator byrd was the majority leader during the period of time i wrote about. it gives you an ensemble sense of how the senate works. the book originated in 2008. i had been in the senate in the 1970s and 1980s. by 2008, i decided the senate had become utterly unrecognizable to me. polarized and paralyzed, really quite dysfunctional. i decided to write a book about the senate when it was great, specifically when i was there. [laughter] when you do something like that, you ha
of the country digs out from the last one. major cities from washington, d.c. to new york to boston in its path. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist in this morning. she is full of milk puns this morning. holy cow. utterly. >> what are you, lactose intolerant? >> the trifecta. >> we'll move on to the big story, which is the weather. we're bracing for another big storm before the last one is done. >> it's expected to bring a new round of travel headaches during a holiday travel weekend. how will it impact you in more on that ahead. >>> also, retired general norman schwarzkopf has died at the age of 78. he's being remembered as one of the greatest military figures in u.s. history. more o
associate dean for public interest and public service law at the george washington university school of law. he's responsible for creating pro bono opportunities for students, bringing a wide range of public interest programs to the law school, encouraging students to seek positions in the nonprofit and government sectors and assisting students to find ways to fund their legal education to make it possible for them to pursue careers outside of traditional law firms. for most of his career, dean morrison worked for the public citizen litigation group which he co-founded with ralph nader in 1972 and directed for over 25 years. his work involved law reform litigation in various areas including open government, opening up the legal profession, suing agencies that fail to comply with the law and forcing principles of separation of powers, protecting the rights of consumers and protecting unrepresented class members in class action settlements. he's argued 20 cases in the supreme court including victories in virginia state board of pharmacy for virginia citizens' consumer council making commercia
negotiations in washington. we will show you remarks from president obama at the white house and senate majority leader harry reid and mitch mcconnell on the senate floor. first, an update on where negotiations stand after the meeting between president and congressional leaders at the white house. >> steven dennis joins us from the role call as a white house reporter. stephen, how did the meeting between the president and congressional leaders go? >> i think it was a meeting where they may be set the framework for getting a short- term deal to avert tax increases for most americans, extend unemployment benefits, and maybe take care of a few other small things. at this point, it is a race against the clock and it is up to harry reid and mitch mcconnell and the senate to see if they can have a bipartisan compromise. the president said if he cannot come up with something in the next couple days, he wants harry reid to bring a bill to the floor that would do with the president wants to do, which is tax increases, extend unemployment benefits, etcetera, at least get a vote on it. harry reid
Search Results 0 to 28 of about 29 (some duplicates have been removed)